Recent content by addbe

I want to build my family into a big family and I know it's requiring a lot of effort. However this is only a side path. Every successful family depends on successful businesses. I want to build a business empire. The desire is deeply from my soul. I think i born to be an entrepreneur. When I...

Everybody got different prefrences. Yours sounds reasonable and good. I don't think they will give me 20% in 08. I already enjoyed the growth in 07, I expect no more. But if I buy, I still buy into these areas, house only. In 2 years time, they will jump again. Just a personal prefrence. I'm...

I have to say you got skills and you know stuff. I am a bit overwhelmed by the quick money. The aim of getting a high return is I know I will get less than what I am aiming for, so why not aiming higher? In the end of 2008, we will see all the opportunities happened as how they should be...

Different opinions much appreciated. For middle ring, I bought in Burwood, Box Hill South, Blackburn, Blackburn South, Forest Hill. These houses are all on average 700M2 blocks and increased 20~40% in value since I purchased them. The loss in regarded as opportunity cost. At the same...

If I buy in outer suburbs, I aim for re-sell when market is up for some quick money. Simply because these suburbs are not worth keeping. When times are good, almost every suburb goes up. however realestate is about long term. Suburbs like Canterbury, Hawthorn, Malvern will be bullet proof if...

sell it only when you planned for a better investment and you needed the cash. i mean much better.

:cool: making money is hard, it becomes easier to make decisions.

make sure the land is still there. then take a break;)

After oil, we gonna have inflaton break-out in the world factory: china. the actural chinese CPI will be double figure, a serious sign of mis-match of supply and demand in basic goods. See, this is how bad when everyone is making money:o The problem is, if we don't import these stuff from...

Luxury suburb still rises. Top 5% people are making much more even with further 2 interest rate rises next year, compare to what they are making 3 years ago. As long as China&India stay robust (which show no sign of slowing), porsche suburbs will keep going. however tightening morgage...

It just feel so GREAT to be surrounded by so many positive people. I love this forum, wish everyone the very best.

Time flies... ... We are at the end of 07 In 07 I bought 3 in Kew, 1 in Mont Albert, 1 in Blackburn, 1 in Frankston. All houses in melbourne. Still thinking of buying in 08.

It was very annoying. A land value block 50 meters away from my IP sold for 725K and my IP only got valued for 675K! Despite it's a five bedroom house with a even bigger block in the same suburb!! It's not the first time though. I find banks will rip-off 10% value of your property at least...

That's right :) I came from another country as well, but i don't see that hugh amount of risk while labor in power. If Labor want to be in government for long, they'd better not to change the country's economy scale. The last thing labor want from the public is the doubt of it's ability to...

I am a business migrant. The starting fund is mostly from overseas. To me it's not how much i like property, it's just another opportunity awaits. I only buy houses because I believe in scarcity in a desirable location will drive prices up and that's all comming from the limited land supply...